Francis Abel 
On Monday, the naira rose further to N1,650 per dollar in the parallel foreign exchange (FX) market. The naira appreciated by 6.78 percent, reflecting a N120 reduction from the N1,770/$ exchanged on February 23, 2024. Bureau De Change (BDC) operators in Lagos set the purchase price for the dollar at N1,650 and the selling price … Read more
Choosing the right health insurance plan involves a delicate balance between upfront costs and potential out-of-pocket expenses. One of the critical decisions you’ll face is whether to opt for a high-deductible plan with lower premiums or a lower-deductible plan with higher premiums. In this comprehensive blog post, we’ll delve into the nuances of this … Read more
Navigating the complex terrain of car insurance can be a daunting task, but securing the best rates is a crucial step in safeguarding your vehicle and financial well-being. In this blog post, we’ll embark on a journey to unveil the roadmap for finding the best car insurance rates on the market, exploring strategies, considerations, and … Read more
In the wake of the global COVID-19 pandemic, individuals around the world have found themselves grappling not only with the physical and emotional toll of the virus but also with the financial implications of seeking treatment. One burning question that many have is, “Does health insurance cover COVID-19 treatment?” In this blog post, we’ll explore … Read more
Embarking on a long road trip is an adventure that demands not only careful planning but also the right vehicle to make the journey enjoyable and stress-free. The best cars for long road trips combine comfort, fuel efficiency, and advanced features to ensure a smooth ride over vast distances. In this blog post, we’ll delve … Read more
Embarking on a road trip, purchasing a new vehicle, or transporting a car from one location to another involves a myriad of considerations, and one crucial aspect is insurance. Drive-away insurance, a specialized type of coverage, comes into play in these scenarios, providing temporary protection for vehicles in transit. In this blog post, we’ll … Read more
The parallel section of the foreign exchange market recorded a new all-time low on Monday after the naira depreciated to N1,730 per dollar. The naira fell by 8.13 percent from N1,600/$ recorded on February 16, 2024. Currency traders at the street market quoted the buying price of the dollar at N1,700 and the selling price … Read more
Manufacturers indicated on Monday that a bag of cement cannot be sold for less than N7,000 due to rising production costs. They claimed that the price jump was caused by an increase in operating expenditures. The manufacturers have agreed to cut the price per 50kg bag from between N9,000 and N15,000 to between N7,000 and … Read more
Cement manufacturers have agreed to lower the product’s price to between N7,000 and N8,000 per 50kg, depending on region nationally. On Monday, February 19, the Minister of Works, David Umahi, convened a meeting in Abuja attended by his counterparts from the Ministry of Industry, Trade, and Investment, including Doris Uzoka-Anite, to identify the underlying causes … Read more
Nigerian Breweries Plc recently announced an increased price modification for its Stock-Keeping Units (STUs), effective February 19. A letter dated February 12 titled: ‘Price review notification,’ by the Zonal Business Manager (West), Lekan Awosanya, reads in part: “This is to inform you that we are constrained to review the prices of some of our SKUs … Read more